- EGroups
eGroups.com was an email list management
web site . The site allowed users to create their own mailing lists and allowed others to sign up for membership on the list. The web site provided archives of the messages as well as list management functionality. Each group also had a shared calendar, file space, group chat, and a simpledatabase . It was bought byYahoo! and became part ofYahoo! Groups .History
The company originally started by
Scott Hassan in January, 1997, as an email archiving service called FindMail.Carl B. Page joined the company part-time in May 1997. In December, 1997, Scott decided to add the ability to host free mailing lists and called the new product MakeList.com.Martin Roscheisen joined as CEO in March 1998. Makelist.com quickly grew to 250,000 users before taking funding of $810K fromAtlas Venture in May 1998. Thepost-money valuation was set at $4.5M. In June, 1998, the company was renamed to eGroups.com. In October, 1998, with 1.2 million users (growing at 12,000 users per day), the company had an offer on the table fromExcite for $40M but decided to take $5.1M more investment money fromSequoia Capital . In November 1999,ONElist and eGroups merged and started work on going public. The combined company was called eGroups.com, and it had 13 million users exchanging more than 1.3 billion email messages per month. In January 2000, the company raised another $42M and filed a S1 with the SEC in March 23, 2000. [ [http://www.sec.gov/Archives/edgar/data/1105102/0000950149-00-000584.txt sec.gov - Company Filing] ]In August 2000 with 18 million users, the company was purchased by
Yahoo! for $413M in a stock deal and became part ofYahoo! Groups [ [http://docs.yahoo.com/docs/pr/release588.html Acquisition Enhances Powerful Communication Tools for Consumers] ] .On December 23, 2007 the former CEO and president of ONElist (and eGroups after the merger), Michael Klein, was killed when his airplane crashed in Panama while vacationing with his daughter and his daughter's friend. His daughter's friend was the only survivor. [ [http://www.cnn.com/2007/WORLD/americas/12/27/panama.plane/index.html Crash survivor reunited with parents] ]
References
Wikimedia Foundation. 2010.